Technology co. acquires L.A. digs

Office property renovated in 1997

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Lee & Associates-LA North/Ventura negotiated the sale of a 63,000-square-foot office building in Beverly Hills, Calif. The value of the transaction was approximately $12.7 million. Built in 1963 and renovated in 1997, the five-story building is located at 8447 Wilshire Blvd. Trevor Belden and Scott Romick, principals in the firm's LA North/Ventura office, represented the buyer, 8447 Wilshire Blvd. Associates LLC. Jeff Resnick of First Property represented the seller, Koar Technology. Sherman Oaks, Calif.-based Lee & Associates-LA North/Ventura Inc. commercial real estate services extends throughout the San Fernando Valley and surrounding communities. *** What's your opinion? Send your Letter to the Editor to newsroom@inman.com....